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Itron and EnergyHub Partnership Allows Utilities to Provide Consumers with Real-Time Data, Total Control Over Energy Usage

huemor

September 15, 2009

DENVER — Itron Inc. (NASDAQ:ITRI) announced today its partnership with EnergyHub, a
leading home energy solutions provider, for integration of Itron’s
industry-leading ERT reading technology with EnergyHub’s in-home energy
management devices. Combining the technologies will allow electric, gas, and
water utilities to engage their customers as stewards in solving the peak-demand
problem.

Itron is the first advanced metering vendor to incorporate EnergyHub’s in-home,
touchscreen Dashboard and Temperature Control Unit with ERT reading technology.
Under terms of the agreement, Itron will also license its ERT reading technology
to EnergyHub. This enables the Dashboard to act as a two-way messaging platform
through which consumption data provided by Itron’s ERT reading technology can be
communicated to customers, and through which customers can respond. It will also
help customers understand next-generation tiered, time-of-use, and critical peak
rate structures.

“EnergyHub’s expertise in human factors, combined with their understanding of
the issues facing today’s utilities, has led to the development of a world-class
Smart Grid product line,” said Philip Mezey, Itron North America senior vice
president and chief operating officer. “Our partnership with EnergyHub creates a
powerful migration path for our customers to extend the value of their
deployments toward true Smart Grid solutions.”

The Dashboard combines, in a single interface, the functionality of a home
energy display and a programmable communicating thermostat. It can also be
augmented with EnergyHub Sockets and Strips so consumers can receive a full and
detailed picture of their energy usage, down to individual appliances.

Both companies’ technologies support a variety of communication standards
including ZigBee, allowing for true interoperability, which is foundational to
the burgeoning Smart Grid.

“Itron’s ERT technology is the de facto standard in today’s advanced metering
market,” said David Wechsler, vice president of Business Development for
EnergyHub. “We are excited to work hand-in-hand with Itron to help bring
sophisticated Smart Grid applications to visionary adopters of the technology.”

About Itron

Itron Inc. is a leading technology provider to the global energy and water
industries. Our company is the world`s leading provider of intelligent metering,
data collection and utility software solutions, with nearly 8,000 utilities
worldwide relying on our technology to optimize the delivery and use of energy
and water. Our products include electricity, gas, water and heat meters, data
collection and communication systems, including automated meter reading (AMR)
and advanced metering infrastructure (AMI); meter data management and related
software applications; as well as project management, installation, and
consulting services. To know more, start here: www.itron.com.

About EnergyHub

EnergyHub (www.energyhub.com) is the consumer face of the Smart Grid, helping home owners reduce energy consumption and save money. EnergyHub produces smart, simple, and cost-effective energy management tools that strengthen the relationship between consumers and utilities and solve today’s energy problems.

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